World Foundation raises $135 million through token sales to globally expand biometric Orb-verified identification systems.

World Assets, affiliated with the World Foundation (previously known as Worldcoin), has successfully secured $135 million by selling WLD tokens to venture capital firms Andreessen Horowitz and Bain Capital Crypto, both of which have been early advocates for this burgeoning digital identity project.

The firm stated that the tokens were offloaded at current market rates, which subsequently boosted the circulating supply of WLD. World Assets regularly conducts tiered token sales to trading entities as part of its operational strategy.

Current data shows that WLD was trading at $1.168 at the time of the report, reflecting a nearly 4% increase within the last 24 hours.

The capital raised will be directed towards meeting the growing demand for Orb-verified World IDs and expanding the World network within the United States and internationally. This fundraising event follows prior investment rounds involving backers like Selini Capital, Mirana Ventures, and Arctic Digital.

### Scalable Solution

The central tenet of the initiative is that as artificial intelligence advances, establishing proof of identity will be essential for sustaining trust, governance, and economic engagement in digital ecosystems.

The primary offering, World ID, employs biometric verification via specialized Orb devices to provide decentralized identity credentials. These credentials enable users to confirm their humanity while keeping personal information private, a feature the organization asserts is vital for combating AI-enhanced fraud, spam, and identity theft.

To date, over 12.5 million individuals have acquired an Orb-verified World ID, and the overall user count for the World network has surpassed 26 million.

The organization noted that the funding will expedite the deployment of Orbs, enhance infrastructure, and improve access to World IDs, particularly in areas where digital verification tools are lacking.

### Self-Sustaining Protocol

In contrast to conventional ID systems managed by governments or corporations, World seeks to establish itself as a self-sufficient, decentralized protocol.

The organization indicated that revenue generated from protocol-level fees and associated services could eventually sustain network operations, enabling it to scale independently without continual reliance on outside funding.

Despite facing regulatory inquiries regarding its biometric data practices in certain regions, supporters argue that the protocol’s methodology provides a clear, privacy-conscious alternative to centralized identity systems.

The renewed backing from a16z and Bain underscores an increasing confidence among venture capitalists that decentralized identity will be pivotal in the future, particularly in an AI-centric landscape.

The World Foundation presented this funding round as a means of fostering growth and as a philosophical investment in the necessity for human-centered verification systems in a world that is becoming increasingly automated.